Re: [ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
Mayweather -667, which means you get $1.15 for every $1 you bet.
No dick you don't get $1.15 for every $1 you bet if Mayweather is -667.
I'll help you with the math, as I see you are struggling.
If you have $1 and decide to place a bet for Mayweather to beat McGregor, at odds of -667 (equivalent to 1.15 in decimal odds).
If Mayweather beats mcgregor, you will get $1.15 (1$ was your original stake, and $0.15 is your profit, and 1 + 0.15 = 1.15)
You are welcome
It depends on which sportsbook you use. Odds for Mcgregor is anywhere from +400 to +550 and for Mayweather -600 to -900.
http://www.oddsshark.com/boxing/odds
Fair enough. Why would you chose a lower payout over a higher one?
What's the edge that wagerr provides for you or anyone else to bet on their site and earn significantly less than on any other trusted bookie with higher odds (and no obscure fees, and clear stake limits, and friendly user interface, and so on)?
Convenience. No want wants to have to sign up at a new sportsbook just for a little better odds. You might end up with 20 different accounts. It's a pain and getting your deposits in could take days. Wagerr is pretty much instant. If you need more Wagerr just purchase them in DEX.
If we are talking about convenience for general public (aka average joe), it's much easier and faster to deposit through credit/debit card at a user friendly website, which is instant and no fees, rather than having to create an account at an exchange (which usually requires KYC process) to purchase bitcoin, then purchase wagerr with your bitcoin, then move it from exchange to wallet (with all the fees and volatility risks this implies), and then send it to another wallet to place the bet.
Even for me, having both crypto and fiat, it's still cheaper and more convenient to bet with USD/EUR/BTC rather than this kind of obscure crypto tokens.
Even for you or anyone else who uses crypto, it is far more convenient to deposit and bet on BTC bookies (there are many out there with real competitive odds and no need to go through KYC), rather than incurring in the risk of a new token, and the fees attached to using it.
In 1994 I'm sure a lot of people were saying the same thing about the internet: Its much easier to take your cash down to the local bookie than to go buy a computer, set up TCP etc etc
Your either a supporter of the very early days of crypto, or not. If not, why are you on here? Go use your fiat and be done with it.